MF Global Ch. 11 Trustee Wants $8M From Energy Trader

Law360, New York (September 21, 2012, 5:37 PM EDT) -- MF Global Holdings Ltd. Chapter 11 trustee Louis J. Freeh filed an $8.4 million suit in New York bankruptcy court Friday against Breakwater Trading LLC, saying the energy trader owes the money for breaching a 2006 credit agreement with two MFGH subsidiaries.

Freeh is the trustee seeking to recover on behalf of creditors of MF Global and units MF Global Finance USA Inc., MF Global Capital LLC, MF Global FX Clear LLC, MF Global Market Services LLC and MF Global Holdings USA Inc. The instant suit...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

MF Global Holdings Ltd.


Case Number

1:11-bk-15059

Court

New York Southern

Nature of Suit

Date Filed

October 31, 2011

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.